Wazi Dumpling House sells for $6.11 million, signaling strong property demand (australia) — SMH
SMH ·australia ·1 hour ago

Wazi Dumpling House sells for $6.11 million, signaling strong property demand

Chinatown's Wazi Dumpling House auctioned for $6.11 million on Thursday, exceeding its $5.5 million reserve by 12 percent. Auctioneer Paul Tzamalis proclaimed, "The CBD is back" as two bidders drew a crowd of 200, reflecting strong demand in Melbourne's property market. The building demonstrates a yield of 3.31 percent, indicating high investor interest.

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Published 25 Jun 2026, 19:00 UTC · Updated 25 Jun 2026, 19:11 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections